French marketplace Ankorstore has officially launched its online store in Germany, making it the company’s fourth market in Europe. Ankorstore is a B2B marketplace that was established in 2019 in France, and then soon expanded overseas to Spain and Belgium. The expansion was achieved through Ankorstore raising 6 million euros in funding which was led by Global Founders Capital, Avlen and Aglae Ventures.

J&P comments

Ankorstore’s expansion will provide brick and mortar retailers in Germany to compete against online stores by offering them a platform where they can sell to a substantial audience.